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See how verdicts work3-bedroom bungalow · PE24 4JQ
For saleListed 121 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ben Crauchan is an attractive detached dormer bungalow located on the outskirts of the town of Wainfleet.
Providing flexible living accommodation with the option to have a fourth bedroom or second reception room on the ground floor and also benefitting from uPVC windows and doors throughout.
The property requires some modernisation and is offered for sale with no onward chain.
Front Of Property - The property is approached via a concrete and gravel driveway with open plan lawn area bordered by shrubs.
Hallway - With wall mounted electric heater, carpeted flooring and stairs to first floor.
Lounge - 3.89m x 3.86m (12'9 x 12'8) - With tiled fireplace, gas heater (not in use), wall mounted electric heater, window to side and front of property and carpeted flooring.
Kitchen - 3.89m x 4.14m (12'9 x 13'7) - With a range of base and wall units, composite sink with stainless steel mixer taps, electric double oven, electric hob, extractor hood, space and plumbing for washing machine, tiled floor, tiled splashbacks, window to rear and door to side of property.
Bathroom - With corner bath having electric shower over, vanity sink unit, WC, wall mounted electric fan heater, part tiled walls, window to rear and carpeted flooring.
Dining Room/Bedroom - 2.90m x 3.10m (9'6 x 10'2) - With double built in wardrobe, electric wall mounted heater, window to rear and carpeted flooring.
Bedroom One - 3.76m x 3.30m (12'4 x 10'10) - With double built in wardrobe, electric wall mounted heater, window to front and carpeted flooring.
Landing - With carpeted flooring and access to the eaves. Bedroom Two - 3.89m x 3.40m (12'9 x 11'2) - With built in triple wardrobe, carpeted flooring and window to side.
Bedroom Three - 3.76m x 3.40m (12'4 x 11'2) - With wall mounted electric heater, carpeted flooring, window to side and access to loft and eaves.
Rear Garden - Low maintenance garden with concrete paths, gravel, slabbed areas and decorative shrubs. Garage - 2.82m x 5.26m (9'3 x 17'3) - With up and over door, power and light connected.
Energy Performance Certificate - The property has an energy rating of 'E', The full report is available from the agents or by visiting Reference Number: 0595-3063-4206-2736-0200 Services - We understand that mains electricity, water and drainage are connected to the property.
Heating is via LPG (we are informed this requires renewing).
Local Authority - Council Tax Band 'C' payable to the local Authority: East Lindsey District Council, The Hub, Mareham Road, Horncastle, Lincs. LN9 6PH. Tel: .
Tenure & Possession - The property is Freehold with vacant possession upon completion. Viewing - Viewing is strictly by appointment with the Skegness office at the address shown below.
What 3 Words - ///water.derailed.marzipan
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Low Road, Wainfleet St. Mary, Skegness
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